AUDUSD: Intraday Long at Range Support

FX:AUDUSD   Australian Dollar / U.S. Dollar
1397 15 15
Update: Targets reached without triggering entry... Trade cancelled.
A very simple trade, I am going to long the pair if i see another dip lower, with a tight stop just below the support of the sideways range. (In this specific trade i will not cancel the trade if we reach first target before triggering entry, as its very close to current price, i will only cancel the trade if price reaches near the second target without triggering entry).

Join me at
Also at my Facebook             page
My best regards,

Trading Criteria:
1. Trades are taken in two units
2. First unit would be closed at first target
3. Stop loss is then moved to break-even
4. Second unit would be closed at second target
1) If 90 percent of first target is reached I move stop loss to breakeven.
2) If 90 percent of first target is reached without triggering entry I cancel the trade.
3) Remember: Losing is a main part of the game
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Update: Targets reached without triggering entry... Trade cancelled.
Missed this trade
90% of 2nd target reached without entry.
The interesting chart is the daily. I think we are close to a big reversal. No confirmation yet
IvanLabrie vlad.adrian
Seems like we all agree...nice long hit here. I'm waiting for the big move down. Gonna take a while.
A return to the mean strategy...I dig.
IvanLabrie IvanLabrie
0.8744-0.8782 should be fairly easy in a day. Daily 11 period ATR is 94 pips.
Technician IvanLabrie
Unless it breaks down and resume bearish trend , lets hope its not the case
IvanLabrie Technician
I give it a week...look at that consolidation, I'll enter short on a clean break below and completely outside on the daily, and the weekly close without retesting that line or its whereabouts. :) Some bullish news they say too...
IvanLabrie IvanLabrie
Looks pretty bearish if it confirms...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out